MTNL- Short term momo setup Long

MAHANAGAR TELEPHONE NIGAM LTD.BSE

Description

⋅ Feb 3, 2017 7:57 PM

Momentum is good and testing resistance level.

I prefer long at current level BCZ candle close near top of the close so momentum is genuine and volume also confirming same thing.

Buy range: 20-25
Target: 38, 48

Sl 19

Comment

⋅ Feb 3, 2017 7:58 PM

stock on radar for intraday also.

Trade active

⋅ Feb 7, 2017 11:15 AM

Trade active

⋅ Feb 23, 2017 12:57 PM

add another leg.

Comment

⋅ Mar 13, 2017 3:23 AM

sl 21

Comment

⋅ Apr 6, 2017 5:45 AM

sl at 23

Trade closed: stop reached

⋅ Jul 29, 2017 11:02 AM

momoentum

Comments

Ganesh89

⋅ Feb 4, 2017 12:27 PM

avinash ji very nice analysis i also feel this stock will surely move to up direction and i also feel that it will break the resistance and because of the current running government and budgets will surely prove beneficial to most of the PSU Companies....

AvinashGaikwad

⋅ Feb 5, 2017 9:07 AM

@Ganesh89, so lets capture the move...